Wescot- Did you know...owned by Equifax????

[pmhcfc]

...that Wescot are owned by Equifax.

 

(Sorry if you guys already knew this)

[MARTIN3030]

Welcome to the site.

This is quite amazing and while there may be some that DID know,I personally didnt.

Where did you get the info ?

It certainly raises questions and I would like to know some more.If only for future use in knowing what we are dealing with.

Obviously as one of the 3 but the biggest,it demands a few answers.

Dont forget the Credit reference agencies have no legal authority by way of statute laws to operate....it is purely agreements and arrangements.

Wescot however are under the jurisdiction of the regulators and must be seen to operate within statute law and under the regulation of the CCA.

Interesting stuff.

Please give some more details.

[pmhcfc]

Welcome to the site.

This is quite amazing and while there may be some that DID know,I personally didnt.

Where did you get the info ?

It certainly raises questions and I would like to know some more.If only for future use in knowing what we are dealing with.

Obviously as one of the 3 but the biggest,it demands a few answers.

Dont forget the Credit reference agencies have no legal authority by way of statute laws to operate....it is purely agreements and arrangements.

Wescot however are under the jurisdiction of the regulators and must be seen to operate within statute law and under the regulation of the CCA.

Interesting stuff.

Please give some more details.

 

That was from our Mr Maynard himself (Cabot) It's the left hand column of page four of this article.

 

Untitled

[MARTIN3030]

Amazing read and interesting stuff.

I reserve further comments as the steam is coming out of my ears.

Good find.

[NitrousOxide]

What the ?? I never knew he was a director of the CSA either!!

Talk about all sleeping in the same bed.

[2Grumpy]

“Everyone is much more professional today, compared with the industry’s

former grubby, nasty reputation,” Maynard says, adding that collectors are more readily perceived by creditors and consumers as “a natural part of the credit cycle.”

 

Yeah!

[babybear39]

What the ?? I never knew he was a director of the CSA either!!

Talk about all sleeping in the same bed.

 

Ewww...Is starting to sound like incest

[PriorityOne]

...that Wescot are owned by Equifax.

 

(Sorry if you guys already knew this)

 

Am wondering how many more are owned by the CRAs....

[setmefree]

Wow it makes you wonder if Wescot's computer is linked to Equifax, every time someone does a credit check BINGO.

[babybear39]

 

They wouldn't, would they

[setmefree]

 

They wouldn't, would they

 

Well smack my wrist for thinking such a thing lol .

It must be the same thought as DCA's wanting your signature when a CCA is requested??? .

[babybear39]

Consider yourself smacked

 

We're all (mostly) very aware of the underhand, dubious and dare I say, illegal tactics theses companies use

[bigandyuk1]

Well I moved just over a year ago and all debt chasing stopped. Then a friend of the wifes visited and showed her a cool site to check your credit rating (Equifax) within two weeks the letter from the DCA's had resumed.

 

As a side note all my wifes debts are joint debts from the late 90's which are chasing her because I was made Bankrupt.

 

Kind Regards

Bigandy

[dannyboy660]

Wow it makes you wonder if Wescot's computer is linked to Equifax, every time someone does a credit check BINGO.

 

 

You're not a million miles wide of the mark there. Certain names/addresses are tagged to be looked at if credit is applied for, often notifying DCA's. Alarms bells also ring everytime someone checks their own credit file, and you confirm your ID and whereabouts with a credit/debit card.

If you have a similar name, DOB, or have a link with an address where there is an outstanding debt, there is a fairly high chance you will find yourself on the computer generated threatogram mailing list somewhere.

[setmefree]

JUST A COUPLE OF EQUIFAX STAFF

 

Sandra Lawrence - General Manager

 

Sandra Lawrence joined Equifax in July 2005, assuming leadership for all Equifax's Consumer and Business Information and Marketing Services, as well as the Government and ID Solutions businesses.

 

Originally from New Zealand, where she spent the first part of her career with National Australia Bank, Sandra previously spent 16 years in the UK working with GE Capital and First Data. At GE Capital she held a variety of senior management roles including Commercial Risk Manager, Head of Business Development and Vice President, European Corporate Payment Products. At First Data, her most recent position was that of Senior Vice President for UK and Ireland for the Card Processing, Merchant Acquiring and Software Sales business.

Christian Taylor - Marketing Director

 

Christian was appointed to the position of Marketing Director for Equifax Plc in July 2004, joining from O2, where he served as Group CRM and Marketing Capabilities Director. Prior to O2, he served as Manager of CRM and Global CRM at Vodafone, co-founding the Global CRM Team and leading CRM across 12 Operating Companies. Christian has also held key positions at Ford Motor Company, Abbey National and Eagle Star.

[pmhcfc]

Well I moved just over a year ago and all debt chasing stopped. Then a friend of the wifes visited and showed her a cool site to check your credit rating (Equifax) within two weeks the letter from the DCA's had resumed.

 

Kind Regards

Bigandy

 

And now you know why...Someone else mentioned to me that this could be deemed as a 'Conflict of interests' in respect that Westcot are owned by Equifax...Hmmm, just stinks doesn't it ?

[setmefree]

Certainly know who i will never use again for a credit check....perhaps we should av a poll on whether to use them or not..

[PriorityOne]

I would very surprised if Experian and Call Credit were squeaky clean after this little revelation...

[setmefree]

I would very surprised if Experian and Call Credit were squeaky clean after this little revelation...

 

EXPERIAN

 

 

Mel Mason

Managing Director, Technology Services

 

Mel Mason joined Experian as Director of Technology Services in September 2003. Mel has been with GUS since 1991, when he was recruited as IT Director for GUS Home Shopping. In the intervening period, he has had responsibility for Customer Service and Risk Management functions within the Home Shopping division whilst retaining his IT role.

Information Technology has been central to Mel’s career. After graduating in mathematics, he initially joined Hawker Siddeley developing systems for aircraft design and marketing. Subsequently, he joined Tesco where he thrived through a period of huge change. Amongst other responsibilities there, he managed the development of its warehouse and store replenishment systems as well as the introduction of EPOS. He also successfully commissioned a new purpose built Data Centre for Tesco.

[setmefree]

Experian - GUS archive

 

HAVE A LOOK AT THIS

[fuzzywuzzy]

EXPERIAN

 

 

Mel Mason

Managing Director, Technology Services

 

Mel Mason joined Experian as Director of Technology Services in September 2003. Mel has been with GUS since 1991, when he was recruited as IT Director for GUS Home Shopping. In the intervening period, he has had responsibility for Customer Service and Risk Management functions within the Home Shopping division whilst retaining his IT role.

Information Technology has been central to Mel’s career. After graduating in mathematics, he initially joined Hawker Siddeley developing systems for aircraft design and marketing. Subsequently, he joined Tesco where he thrived through a period of huge change. Amongst other responsibilities there, he managed the development of its warehouse and store replenishment systems as well as the introduction of EPOS. He also successfully commissioned a new purpose built Data Centre for Tesco.

 

yeap i bet tracing everything you buy against your Tesco Reward card, now Westcot Will be demanding the £2 a week you spend on sherbert dips for your children. Claiming its over and above normal living expenses.

 

Just as a pointer has anyone managed to get a westcot default removed from Equifax? Isn't tricking people applying for a credit file entrapment or something similar?

[setmefree]

Callcredit Senior Management

 

Mike Davies

 

Mike Davies has been appointed as Sales Director for Callcredit. Mike brings with him some considerable hands-on experience, having managed a number of aspects of the credit lifecycle during recent experience at Capital One, where he was the Head of Business Solutions for UK Card.

During his 6 years at Capital One, Mike played a key role in overseeing the Credit Decisioning environment and infrastructure, and also successfully managed a major overhaul in the management of data used in the Prospect environment, that added enormous value to the Direct Marketing channel.

Prior to Capital One, Mike worked for 5 years as a Systems Consultant and Delivery Manager at Experian, working widely with blue-chip clients in the Europe, Middle East and Africa region.

Mike enjoys watching rugby, and has recently taken to cycling long distances and running marathons - he robustly denies that he's experiencing a mid-life crisis!

[dannyboy660]

Experian - GUS archive

 

HAVE A LOOK AT THIS

 

Yes Great Universal Stores had a massive database of catalogue customers and credit files, along with huge amounts of personal data.

 

Experian and GUS 'parted' ways and became separate companies partly to try to minimise the conflict of interest argument amongst other reasons.

 

CRA's and DCA's are so closely linked they are the same thing, in all but name.

[pmhcfc]

Just as an unrelated footnote;

 

Here's a little more info re the article I dug up. KM says that Legal and Trade are owned by OSI. The CEO of OSI is one Kevin T Keleghan (it's an American company)..Found an interesting article on this chap > http://www.aircompressorsettlement.com/cases/pdf/SRS/SRSNotice.pdf 'Background of the Action' (points number 3 and 5 in particular) is an interesting read.

[setmefree]

Callcredit Senior Management

 

Mel Mitchley

 

Melanie (Mel) Mitchley has been appointed Director of Industry Relationships, responsible for developing Callcredit's relationships with relevant industry bodies, trade associations, government departments and other regulatory organisations. This role demonstrates the importance of our engagement with all parties within the Industry, monitoring developments and ensuring our views are well represented. Mel's work at GE Consumer Finance and before that at Alliance & Leicester has provided her a wealth of practical experience.

Mel began her career at HSBC, then spent seven years at First Direct before moving to Abbey. Her career then took her to Alliance & Leicester as Head of Credit & Risk before switching to GE Consumer Finance as Head of Portfolio Risk & Decision Systems and latterly as Head of Fraud.